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Analysts Offer Insights on Healthcare Companies: Outset Medical (OM), Exact Sciences (EXAS) and DarioHealth (DRIO)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Outset Medical (OMResearch Report), Exact Sciences (EXASResearch Report) and DarioHealth (DRIOResearch Report) with bullish sentiments.

Outset Medical (OM)

In a report released today, Rick Wise from Stifel Nicolaus maintained a Buy rating on Outset Medical, with a price target of $6.00. The company’s shares closed last Wednesday at $3.21, close to its 52-week low of $2.74.

According to TipRanks.com, Wise is a 4-star analyst with an average return of 5.3% and a 59.2% success rate. Wise covers the Healthcare sector, focusing on stocks such as Treace Medical Concepts, Baxter International, and Edwards Lifesciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Outset Medical with a $6.38 average price target, which is a 95.1% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $9.00 price target.

See the top stocks recommended by analysts >>

Exact Sciences (EXAS)

Stifel Nicolaus analyst Daniel Arias maintained a Buy rating on Exact Sciences today and set a price target of $100.00. The company’s shares closed last Wednesday at $63.29, close to its 52-week low of $58.37.

According to TipRanks.com, Arias has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.3% and a 40.4% success rate. Arias covers the Healthcare sector, focusing on stocks such as Guardant Health, Mettler-Toledo, and Thermo Fisher.

Exact Sciences has an analyst consensus of Strong Buy, with a price target consensus of $88.50, implying a 43.3% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock.

DarioHealth (DRIO)

Stifel Nicolaus analyst David Grossman maintained a Buy rating on DarioHealth today and set a price target of $4.00. The company’s shares closed last Wednesday at $2.03.

According to TipRanks.com, Grossman is a 5-star analyst with an average return of 11.0% and a 62.4% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology, and Epam Systems.

Currently, the analyst consensus on DarioHealth is a Moderate Buy with an average price target of $4.00.

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